BNP Paribas Asset Management

BNP Paribas Asset Management
Company typeSociété Anonyme
IndustryAsset management
Founded2007; 17 years ago (2007)
HeadquartersParis, France
Area served
Worldwide
Key people
Sandro Pierri (CEO)
AUM€576 billion (30 June 2024)
Websitebnpparibas-am.com
Headquarters, Paris

BNP Paribas Asset Management is the dedicated, autonomous asset management business of BNP Paribas Group.

History

In 2007, BNP Paribas regrouped its function in asset management under the brand name BNP Paribas Investment Partners.

In 2010, the closing of the transaction between BNP Paribas Investment Partners and Fortis Investments was completed.

In June 2017, BNP Paribas Investment Partners rebrands as BNP Paribas Asset Management.[1]

In August 2024, BNP Paribas Asset Management entered exclusive talks with Axa for the acquisition of Axa Investment Managers for €5.1bn.[2] As Axa Investment Managers has €850bn of assets under management, the deal would create one of the largest asset management firm in Europe, with around €1.5tn of assets under management.[3]

Products and services

BNP Paribas Investments Partners provides:[4]

Locations

BNP Paribas Asset Management has offices all over the world.

The headquarters are in Paris, France. They also have a presence across much of Europe, North America, South and Central America, Asia, Australia and the Middle East.[5]

References

  1. ^ "BNP Paribas Asset Management rebranding".
  2. ^ "BNP Paribas enters into exclusive negotiations with AXA for the acquisition of AXA investment Managers and a long term partnership in Asset Management". 1 August 2024.
  3. ^ "BNP Paribas in talks to buy Axa's asset management arm for €5.1bn". 1 August 2024.
  4. ^ "BNP Paribas to regroup its expertise in asset management under the brand name BNP Paribas Investment Partners - BNP Paribas". BNP Paribas.
  5. ^ "Our locations". BNPP AM - Corporate. Retrieved 2020-07-27.